Bookbuilding IPO | ₹160 Cr | Listing at BSE, NSE |
SEBI has approved the Initial Public Offer (IPO) of Aastha Spintex Ltd. on January 9, 2026. The company will proceed with next steps to launch the Initial Public Offer (IPO) subject to market conditions and other approvals. The SEBI approval is valid for 12 months.
Aastha Spintex Ltd. IPO is a Book Build Issue of ₹160.00 crores consisting solely of fresh issue of shares with no offer for sale component.
The equity shares are proposed to be listed on NSE and BSE. BOI Merchant Bankers Ltd. is the book running lead manager and Bigshare Services Pvt.Ltd. is the registrar of the issue. Key details like IPO dates, IPO price bands and lot size are yet to be announced.
Refer to Aastha Spintex IPO DRHP for more details.
| IPO Date | [.] |
| Listing Date | [.] |
| Face Value | ₹10 per share |
| Price Band | |
| Lot Size | |
| Sale Type | Fresh capital only |
| Issue Type | Bookbuilding IPO |
| Listing At | BSE, NSE |
| Total Issue Size | [.] shares (agg. up to ₹160 Cr) |
| Fresh Issue | [.] shares (agg. up to ₹160 Cr) |
| Share Holding Pre Issue | 3,16,42,190 shares |
| Description | Date |
|---|---|
| Filed with SEBI/Exchange | Tue, Sep 30, 2025 |
| SEBI/Exchange approval received | Fri, Jan 9, 2026 |
| Investor Category | Shares Offered |
|---|---|
| QIB Shares Offered | Not more than 50% of the Net Issue |
| Retail Shares Offered | Not less than 35% of the Net Issue |
| NII Shares Offered | Not less than 15% of the Net Issue |
Incorporated in 2013, Aastha Spintex Ltd. is engaged in the business of manufacturing and trading of carded, combed and compact combed cotton yarns and cotton bales.
The company's cotton bales are utilized both for captive production of cotton yarns and for supply to other spinning units and the cotton yarns produced are used in both knitting and weaving applications, catering to a wide spectrum of end-use segments and products including denim, terry towels, shirting, sheeting, sweaters, socks, bottom wear, home textiles, and industrial fabrics.
The company have a semi-automated and integrated spinning and ginning Manufacturing Facility situated at Halvad, Morbi, Gujarat.
Product:
Competitive Strengths:
Aastha Spintex Ltd.'s revenue increased by 98% and profit after tax (PAT) rose by 53% between the financial year ending with March 31, 2025 and March 31, 2024.
| Period Ended | 31 Mar 2025 | 31 Mar 2024 | 31 Mar 2023 |
|---|---|---|---|
| Assets | 453.30 | 240.57 | 172.59 |
| Total Income | 603.90 | 305.67 | 239.69 |
| Profit After Tax | 24.87 | 16.29 | 1.06 |
| EBITDA | 34.25 | 11.60 | |
| NET Worth | 76.38 | 60.01 | |
| Total Borrowing | 82.86 | 81.01 | |
| Amount in ₹ Crore | |||
The Company proposes to utilise the Net Proceeds from the Issue towards the following objects:
| # | Issue Objects | Est Amt (₹ Cr.) |
|---|---|---|
| 1 | Part Payment of the purchase consideration for the acquisition of Falcon Yarns Private Limited | 111.51 |
| 2 | General Corporate Purpose |
| KPI | Mar 31, 2025 |
|---|---|
| ROE | 23.73% |
| ROCE | 19.12% |
| Debt/Equity | 0.78 |
| RoNW | 19.32% |
| PAT Margin | 6.69% |
| EBITDA Margin | 13.37% |
| Pre IPO | Post IPO | |
|---|---|---|
| Promoter Holding | 74.23% |
The company’s 2025 financials are taken from the pro forma consolidated statement, while the financials for 2024 and 2023 are from the standalone statements.
Lead Manager Reports
Aastha Spintex IPO is a main-board IPO of 0 equity shares of the face value of ₹10 aggregating up to ₹160 Crores. The issue is priced at To be declared. The minimum order quantity is .
The Aastha Spintex IPO open and close dates are not available as of now.
Bigshare Services Pvt.Ltd. is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
Zerodha customers can apply online in Aastha Spintex IPO using UPI as a payment gateway. Zerodha customers can apply in Aastha Spintex IPO by login into Zerodha Console (back office) and submitting an IPO application form.
Steps to apply in Aastha Spintex IPO through Zerodha
Visit Zerodha IPO Application Process Review for more detail.
The Aastha Spintex IPO dates are not announced. Please check back again after some time.
Aastha Spintex IPO lot size and the minimum order quantity is not available at this time. Please check again later.
You can apply in Aastha Spintex IPO online using either UPI or ASBA as a payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO Application is offered by brokers who don't offer banking services. Read more detail about applying IPO online through Zerodha, Upstox, 5Paisa, Nuvama, HDFC Bank, and SBI Bank.
The finalization of Basis of Allotment for Aastha Spintex IPO will be done on [.], and the allotted shares will be credited to your demat account by . Check the Aastha Spintex IPO allotment status.
The Aastha Spintex IPO listing date is not yet announced. The tentative date of listing is .
